At a Glance
- Tasks: Oversee outsourced partners and ensure compliance with guidelines in a dynamic financial environment.
- Company: Join BNP Paribas Personal Finance, a global leader in consumer finance solutions.
- Benefits: Enjoy flexible working, competitive salary, health plans, and lifestyle perks like discounts on dining and cinema.
- Why this job: Make a positive impact while developing your career in a supportive and inclusive culture.
- Qualifications: Experience in contract management and understanding of risk principles is preferred; financial services experience is a plus.
- Other info: Flexible hybrid working model to balance your work and personal life.
The predicted salary is between 28800 - 43200 £ per year.
At BNP Paribas Personal Finance, we are proud to be part of a global banking group. Our mission is simple: to provide straightforward consumer finance solutions that empower customers to make responsible financial decisions. We partner with some of the UK’s most well-known retailers and brands to help their customers finance purchases in a responsible way.
The Outsourcing Coordinator will oversee designated outsourced partners, ensuring adherence to central guidelines and regulatory compliance. They will deliver high-quality, efficient, and cost-effective service aligned with commercial goals. All activities must support the FCA’s Consumer Duty principles and regulatory framework.
- Data & Compliance: Ensure data accuracy in Risk 360, assess inherent contract risks, and support adherence to EBA guidelines and central reporting requirements.
- Risk Management: Act as the subject matter expert for outsourcing risk policies (e.g., drive personal objectives, lead agile sessions to improve customer journeys, and stay updated with industry trends and learning resources).
Proven experience in contract and supplier relationship management. Deep understanding of third-party risk management principles and tools. Financial services experience is beneficial but not essential.
Along with a fulfilling career, you’ll be able to enjoy a benefits package which you can tailor to your lifestyle and needs, with key highlights including:
- Competitive salary and a contributory pension scheme
- Access to our Health Cash Plan Scheme
- A multi-award-winning flexible benefits platform offering life insurance, private medical insurance, or lifestyle benefits that include discounts on dining, cinema, and days out
- The opportunity to buy and sell holidays, giving you even more control over your work-life balance
Making a positive impact is at the heart of everything we do – whether for our colleagues, customers, partners, or the community.
BNP Paribas Personal Finance promotes equality of opportunity and is committed to ensure that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation.
Risk Co-ordinator - financial services employer: BNP Paribas Personal Finance
Contact Detail:
BNP Paribas Personal Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Co-ordinator - financial services
✨Tip Number 1
Familiarise yourself with the FCA’s Consumer Duty principles and regulatory framework. Understanding these guidelines will not only help you in interviews but also demonstrate your commitment to compliance and risk management.
✨Tip Number 2
Network with professionals in the financial services sector, especially those involved in outsourcing and risk management. Engaging with industry experts can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on the latest trends in third-party risk management. Subscribe to relevant newsletters or join online forums to discuss best practices and emerging challenges in the field.
✨Tip Number 4
Prepare to discuss your experience with contract and supplier relationship management in detail. Be ready to share specific examples of how you've successfully navigated challenges in these areas.
We think you need these skills to ace Risk Co-ordinator - financial services
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the responsibilities and requirements of the Risk Co-ordinator position. Highlight key skills such as contract management and risk assessment in your application.
Tailor Your CV: Customise your CV to reflect relevant experience in financial services, particularly in outsourcing and risk management. Use specific examples that demonstrate your expertise in these areas.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the company's mission and values. Emphasise your understanding of regulatory compliance and your ability to deliver high-quality service.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is crucial for a role in risk management.
How to prepare for a job interview at BNP Paribas Personal Finance
✨Understand the Role
Make sure you have a clear understanding of the Outsourcing Coordinator role and its responsibilities. Familiarise yourself with the key aspects such as regulatory compliance, risk management, and supplier relationship management. This will help you answer questions confidently and demonstrate your suitability for the position.
✨Showcase Relevant Experience
Prepare to discuss your previous experience in contract and supplier relationship management. Highlight any specific examples where you've successfully managed risks or improved processes. This will show that you have the practical knowledge needed for the role.
✨Familiarise Yourself with FCA Principles
Since the role involves adherence to the FCA’s Consumer Duty principles, it’s crucial to understand these guidelines. Be ready to discuss how you would ensure compliance and what steps you would take to align services with these principles.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to outsourcing and risk management. This not only shows your interest in the role but also gives you a chance to assess if the company aligns with your values and career goals.